Brazil’s Renewable Curtailment to Average 8%; Needs BESS Fix: Finds Study Updated On Fri, Jul 4th, 2025 by Saurenergy Brazil’s power sector is poised to add 76 GW of new solar and onshore wind capacity through 2035, driven by transmission and distribution tariff discounts, says Wood Mackenzie’s latest analysis. Whereas, the distributed solar installations are projected to grow at a 5.5% compound annual growth rate (CAGR), according to Wood Mackenzie analysis. Despite this substantial […] Read more
TotalEnergies Acquires 50% of AES Dominicana’s RE Portfolio Updated On Fri, Jul 4th, 2025 by Saurenergy TotalEnergies has announced the completion of its acquisition of a 50 percent stake in AES Dominicana Renewable Energy’s portfolio of solar, wind, and battery energy storage systems (BESS) in the Dominican Republic. This strategic move strengthens the company’s position in the Caribbean’s growing clean energy market, where it is already a key player in liquefied […] Read more
China’s Narada Power Secures 1.4G Wh Energy Storage Order in India Updated On Fri, Jul 4th, 2025 by Saurenergy China-based Narada Power recently signed an energy storage (ESS) order with a large-scale independent power producer (IPP) in India, said China’s Energy Solar Association in a release. Narada Power secured the recent order to supply a 1.4GWh energy storage system for a major new energy photovoltaic project in India, it added. This organization said, “This […] Read more
Grid-Forming Tech Key To Powering $5 Tr Renewable Expansion: WoodMac Updated On Thu, Jul 3rd, 2025 by Saurenergy Battery energy storage systems (BESS) will require $1.2 trillion in investments to support more than 5,900 GW of new wind and solar capacity installations globally through 2034, research firm Wood Mackenzie said. The research firm said grid-forming (GFM) technology should be deployed to help achieve the projected $5 trillion expansion in global renewable energy capacity. […] Read more
2025: BRICS Solar Generation Jumps 39% YoY, Russia, Egypt, Indonesia Trail Updated On Thu, Jul 3rd, 2025 by Saurenergy A new report from energy think tank Ember shows that the ten BRICS nations accounted for 51% of global solar electricity generation in 2024, up from just 15% a decade earlier. The findings, released ahead of the BRICS summit, highlight a major shift in the global energy transition, positioning the bloc as a key player. […] Read more
IREDA Reports Loan Book Growth To Reach ₹79,960 Crore Updated On Tue, Jul 1st, 2025 by Saurenergy Indian Renewable Energy Development Agency Ltd (IREDA) in its provisional financial results for the quarter that ended on June 30, 2025 has hinted at a progressive growth. Moreover, the company reported a robust growth in loan sanctions, disbursements, and the loan book. The company’s latest results is result are subject to audit. IREDA’s provisions results […] Read more
Odisha To Meet 33% Of Its Power Needs Through RE By 2036 Updated On Wed, Jun 25th, 2025 by Saurenergy Odisha has attracted over ₹5 trillion in investments across manufacturing sectors over the past three years, with 14% flowing into green energy equipment and 8% into electric vehicles (EVs) and EV components. In its “Odisha Vision 2036 & 2047” document, the state outlined plans to meet at least 33% of its energy needs from renewables […] Read more
India Attracted $2.4 Bn For Clean Power Projects In 2024: IEA Updated On Fri, Jun 20th, 2025 by Saurenergy India recently saw a rise in electricity demand, driven by several factors, including increases in commercial and residential space, a surge in ownership of air conditioners and appliances, and rising demand from industry, according to the International Energy Agency (IEA) “World Investment Report” report. While growth in power generation has come from all sources, there […] Read more
Maharashtra: Lloyds Metals In Deal To Get 28.2 MW RE From Hexa Updated On Thu, Jun 5th, 2025 by Saurenergy Maharashtra-based Lloyds Metals has signed a Share Subscription and Shareholders Agreement with Hexa Energy MH3 Private Limited and Hexa Climate Solutions to strengthen renewable power sourcing for its operations in Maharashtra, the company said in a regulatory filing. The company shared the details of the agreement in a regulatory filing, which said, “The deal includes […] Read more